Brokers and insurers see new opportunities and important advantages for contractor weather-risk management in policies linked to data. The data quality is all-important.
An advocate for Pepco customers is challenging the inclusion of a new $143-million substation as part of the Washington, D.C., utility’s $850-million grid upgrade, called Capital Grid.
Firm will pay $500K over serial accounting errors and "coverup" of losses in Securities and Exchange Commission pact; one charged former exec denies allegations.
Flooding on the Mississippi River and its tributaries throughout Illinois, Iowa, Missouri, Nebraska and nine other states caused an estimated $6.2 billion in damage in 2019, the National Oceanic and Atmospheric Administration said in its annual National Climate Report, released Jan. 15.
Power Design Inc., a large St. Petersburg, Fla., electrical contractor, has agreed to a $2.75-million settlement with the Washington, D.C., attorney general that will compensate craftworkers and the city to resolve allegations the firm and two subcontractors underpaid workers by misclassifying them as independent contractors.
Energy megaproject firm's bankruptcy includes expected $2.7B sale of its Lummus Technology unit to PE investors and another $2.8B from lenders to operate.
At the King George the Fifth dock site on the River Thames, a contractor is using smart sensors to monitor the strength of concrete it’s casting to form 75,000 sq meters of slab over water to extend the footprint of London City Airport.
BNSF is planning to build a second railroad bridge over Lake Pend Oreille at Sandpoint that will be approximately 1 mile long, paralleling its existing bridge.